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Lee jeans meets customer demand by sending computer requests from stores to the manufacturing departments as jeans sell out in stores. Lee's manufacturing department then pulls in raw materials, such as cloth and thread, from suppliers as it needs them. This information indicates that Lee uses ________.
Dominant Strategy
In game theory, a strategy that is the best choice for a player, regardless of the strategies chosen by other players.
Simultaneous Strategy
A tactic in game theory where players make their moves or decisions at the same time without knowledge of the others' choices, influencing outcomes in competitive situations.
Positive-Sum Strategy
A situation in economic, political, or trade relations where all parties benefit, as opposed to a zero-sum game where the gain of one party is exactly balanced by the loss of another.
Terminal Nodes
The end points of a decision tree where the outcomes are listed, with no further branches.
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